There has been a fluctuation in the average time taken for CLIFFORD CHANCE LONDON LIMITED to pay invoices over the past three periods. The average time has increased from 28 days in 2017-2018 to 40 days in 2020-2023. However, there was a slight decrease in 2021-2022 with an average time of 25 days.
The volatility in the percentage of invoices paid within 30 days has been relatively stable over the past three periods, ranging from 53% to 71%. However, there has been an increase in the percentage of invoices paid later than 60 days, with the highest being 12% in 2020-2023.
Overall, there has been an increase in the average time taken for CLIFFORD CHANCE LONDON LIMITED to pay invoices over the past three periods. The percentage of invoices paid within 30 days has remained relatively stable, while there has been a slight increase in the percentage of invoices paid later than 60 days. The company has consistently had a standard payment period of 45 days.
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Nov 2025 - 30 Apr 2026 | 28 May 2026 | 30 | 57% | 36% | 7% | 7% |
| 01 May 2025 - 31 Oct 2025 | 26 Nov 2025 | 44 | 58% | 34% | 8% | 8% |
| 01 Nov 2024 - 30 Apr 2025 | 29 May 2025 | 31 | 56% | 35% | 9% | 9% |
| 01 May 2024 - 31 Oct 2024 | 28 Nov 2024 | 30 | 58% | 35% | 7% | 7% |
| 01 Nov 2023 - 30 Apr 2024 | 30 May 2024 | 30 | 62% | 30% | 8% | 8% |
| 01 May 2023 - 31 Oct 2023 | 27 Nov 2023 | 40 | 57% | 31% | 12% | 12% |
| 01 Nov 2022 - 30 Apr 2023 | 26 May 2023 | 34 | 55% | 37% | 8% | 8% |
| 01 May 2022 - 31 Oct 2022 | 24 Nov 2022 | 25 | 66% | 29% | 5% | 5% |
| 01 Nov 2021 - 30 Apr 2022 | 27 May 2022 | 28 | 57% | 38% | 5% | 5% |
| 01 May 2021 - 31 Oct 2021 | 26 Nov 2021 | 32 | 59% | 33% | 8% | 8% |
| 01 Nov 2020 - 30 Apr 2021 | 27 May 2021 | 36 | 51% | 39% | 10% | 14% |
| 01 May 2020 - 31 Oct 2020 | 19 Nov 2020 | 35 | 47% | 41% | 12% | 16% |
| 01 Nov 2019 - 30 Apr 2020 | 29 May 2020 | 27 | 57% | 39% | 4% | 8% |
| 01 May 2019 - 31 Oct 2019 | 28 Nov 2019 | 29 | 53% | 40% | 8% | 10% |
| 01 Nov 2018 - 30 Apr 2019 | 22 May 2019 | 23 | 68% | 26% | 6% | 7% |
| 01 May 2018 - 31 Oct 2018 | 28 Nov 2018 | 24 | 62% | 34% | 4% | 9% |
| 01 Nov 2017 - 30 Apr 2018 | 22 May 2018 | 22 | 71% | 25% | 4% | 6% |
| 01 May 2017 - 31 Oct 2017 | 29 Nov 2017 | 28 | 61% | 29% | 10% | 14% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
45 days
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
90
Contracts are managed by P2P team and any disputes are resolved as per contract terms with the help of Legal team.
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
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Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
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Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
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Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
CLIFFORD CHANCE LONDON LIMITED is an active private limited company, incorporated on 23 May 1997, based in the London region. Registered business activity: Other business support service activities not elsewhere classified.
From Companies House records.